1.
Which of the following are functions of NationalInvestment and Infrastrucvure Fund (NIIF)?1. Raise funds through off-shore credit bonds.2. Investing in the corpus created by AssetManagement Companies (AMC's).3. Accepting investment from sovereignwealth and Insurance Funds.Select the con'ect answer using the code givenbelow:
AU are the functions of the National Investment and Infrastructure Fund.
National Investment and Infrastructure Fund (NIIF):-
It is a ftind created by the Government of India for enhancing infrastructure financing in India.
Following are the Functions of NIIF;
1. The NIIF raises funds by using instruments like offshore credit bonds and attracting anchor investors.
2. Servicing of investors of NIIF.
3. Investing in the corpus created by Asset Management Companies [AMCs].
4. NIIF Accepts investment from GOI, Sovereign wealth fund, insurance and pension funds etc
2.
The Economy can heat up due to which of thefollowing?1. Excess Demand2. Lower Supply3. High liquidity infusionSelect the correct answer using the code givenbelow:
Explanation: All points are correct.
The economy can be heated due to there is an excess in demand, low supply, high consumption and high
mfusion of liquidity. The economy is unable to supply demanded goods and prices of goods start increasms
3.
In the context of Indian-Eeonomy, in which ofthe following part(s) of trade cycle InflationaryGap' is observed?1. Recession2. Depression3. Boom4. RecoverySelect the correct answer using the code givenbelow:
Inllationaiy Gap: It can be defined as the relative increase in real GDP and anticipated GDP with the
economy at full employment. It is a situation where resources are being used over their capacity; factories
are operating with increasing average costsr This situation shows there is a boom in the economy.
4.
Consider the following statements:1. Hyperinflation can lead to a loss of confidencein the currency.2. Inflation leads to depreciation in theexchange rate of the currency.Which of the statements given above is/arecorrect?
Explanation:
Hyperinflation is an extremely rapid period of infiation, usually caused by a rapid increase in the money
supply.
Statement 1 is correct.
Hyperinflation depreciates the value of currency, as a result, people lose confidence on the currency and
holding it becomes risky.
Statement 2 is correct.
Inflation leads to depreciate the value of the currency in the exchange rate to that effect in India introducing
inflation-indexed bonds, Gold bonds etc.
5.
With reference to 'Bharat Bill Payment System'(BBPS), consider the following statements:.1. It is a single window application where acustomer can pay several bills at a singlelocation.2. The transactions can be initiated onlythrough the internet in this system.Which of the statements given above is/arecorrect?
6.
With reference to the "Exchange Traded Fund'(ETF), which of the following statements is/arecorrect?1. It trades at a fixed price in the stock market.2. It can be used to trade commodities3. It must be brought over a future contractSelect the correct answer using the code givenbelow:
7.
Which of the following duty/duties is/are leviedon imported goods to offset subsidies made toproducers in the exporting country?1. Customs duty!2. Export duty3. Countervailing dutySelect the correct answer using the code givenbelow:
8.
Consider the following statements about theMonetary Policy Framework in Indian economy?1. The inflation target would be set once in fiveyears.2. The current inflation target has been set at4%.Which of the statements given above is/arecorrect?
Explanation:
Inflation targeting is a monetaiy policy strategy used by Central Banks for maintaining price level at a
certain level or within a range. It indicates the primacy of price stability is the key objective of monetaiy
policy.
Statements 1 is correct
The Government of India in consultation with I^I set inflation target once in every five years.
Statement 2 is conect.
The government has fixed the inflation target of 4% with to tolerance level of
9.
In the context of the Human Space Mission,consider the following statements:1. The first human space flight was launchedby USSR in April, 1961 under Vostokprogram.2. China could not launch any successfulhuman space flight.3. India will be the third country in Asia afterRussia and Japan to launch a human spacemission Gaganyan.Which of the statements given above is/arecorrect?
Explanation: Only statement 1 is correct while statement 2 and 3 are wrong. ^
Gaganayan Mission is India's first human mission, Chandrayaan Mission was an unmanned mission.
After USA. Russia and China, India will be the fourth country to launch a human space mission
Japan has not launched such a mission.
10.
Which of the following countries are included in
The circumlittoral countries of the Caspian Sea include Kazakhstan, Iran, Russia. Turkmenistan,
Azerbaijan. These contries are included in Caspian treaty.
